Funding your business can be stressful, and sometimes customer revenue alone isn’t enough to help you reach your next milestones. You’ve thought about raising venture capital but don’t really want to give up too much equity. What are your other options? Come hear from industry leaders and get all your alternative capital questions answered!
About Republic: Republic is where both accredited and non-accredited investors meet entrepreneurs and access high-growth potential deals across a range of private markets. Entrepreneurs can seek funding from a wider base of diverse investors while simultaneously growing a loyal base and leveraging Republic’s private investment network.
About Collab Capital: Collab’s mission is to establish a new institution that provides a viable pathway to sustained wealth for the Black community. They establish this pathway by investing in tech and tech-enabled companies through efficient capital and effective connections between Black innovators, investors, and influencers.
About IndieVC: Indie.vc is a program designed to fund and support founders on a path to profitability. They believe deeply that there are hundreds, even thousands, of businesses that could be thriving, at scale, if they focused on revenue growth over raising another round of funding. On average, the companies backed have increased revenues over 100% in the first 12 months of the program and around 300% after 24 months post-investment.
About Clearbanc: Clearbanc is the world’s largest eCommerce investor and specializes in providing non-dilutive growth capital.
About Fleeting: Fleeting provides shippers & motor carriers direct access to reliable fleets & to flexible CDL drivers who operate them. – Their CEO was the first African American male to raise $1M+ via equity crowdfunding.
Birmingham has become the fastest-growing market in the VFA network since 2015. Photo via @dyoungblood71 on Instagram
Birmingham is no stranger to startups and fresh job opportunities. Not to toot our own horn, but the Magic City is the fastest-growing market in the Venture for America network. That’s why Birmingham attracted twenty-three new Venture for America fellows from around the country to work at local startups. Keep reading to see why we’re kind of a big deal, and meet some of our future leaders.
(l-r) Carmen Mays, Zhaundra Jones, BGV founder Shelly Bell, Alycia Levels-Moore, Amber Curry and Jaclynn Maxwell Hudson. Photo courtesy of Black Girl Ventures Birmingham Chapter
While the rest of us were getting through the holidays and the first month of the new decade, Birmingham’s startup scene was buzzing. Find out why these seven startup initiatives are in the news.
Observers at REV Birmingham’s The Big Pitch. Photo via REV Birmingham
It’s time for REV Birmingham‘s 5th annual “The Big Pitch.” During the event, five local startups will compete to show how their idea will improve downtown Birmingham. Learn more about the five contestants!
Ever left a holiday party with a gift card you knew you would never use? Or maybe you have a stack of gift cards to Starbucks that could buy 100 lattes, but you really wish you could use that money to buy groceries for the month. Prepaid2Cash is a tech company in California that offers users a solution. They’re relocating to Birmingham, and we’ve got the scoop.
Fred McGill, Co-Founder of SimpleShowing. (Via Bham Now)
There has been a lot of buzz about Shipt since Target bought it for $550 million last December. Now Shipt’s CEO Bill Smith has invested in a startup that just finished the Velocity Accelerator program.
